
Small Is Beautiful
Encouraged by government stimulus programs, banks are finding new ways to finance SMEs. Once the economy recovers, will the surge of interest recede?
ANNUAL SURVEY / INVESTMENT BANKS The continuing frenzy of global M&A; and debt and equity issuance shows no sign of abating—and investment banks are reaping the benefits. Records fell across the board in 2006 for worldwide debt ...
SECTOR REPORT / MICROFINANCE Some of the world’s biggest banks are taking an interest in lending to some of the world’s smallest potential customers. After her husband died, Adija Msw was left destitute with an extended family ...
20TH ANNIVERSARY SPOTLIGHT / INVESTMENT BANKING Investment bankers are riding a wave of profits in an expanding universe for their services. Ivanov: There is no limit to growth Year after year the world’s investment banks have been turning ...
THE AMERICAS The US administration’s assertion that its dollar policy remains unchanged did little to clarify exactly what that policy is, analysts say. President Bush’s comments in early June that the dollar was devalued inappropriately and that the administration’s policy ...